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Articles for Artificial Intelligence (AI)

Microsoft Ramps Up AI Efforts With New Language Model MAI-1 To Compete With OpenAI, Google

MAI-1 is being spearheaded by Mustafa Suleyman, a recent Microsoft hire and co-founder of Google DeepMind, now heading Microsoft’s newly established consumer AI uni

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Bhavish Aggarwal’s AI Startup Krutrim Launches Cloud Platform, Mobile Chatbot App

The Aggarwal-led company also introduced foundational location services APIs and SDKs

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500 AI Models Optimised For Core Ultra Processors: Intel

These optimised models are sourced from well-known industry platforms such as OpenVINO Model Zoo, Hugging Face, ONNX Model Zoo and PyTorch

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Sam Altman Invests In Israeli AI Cybersecurity Startup Apex: Report

This round was led by Sequoia Capital and Index Ventures, with additional participation from Altman among others

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OpenAI Rival Anthropic Introduces Business-oriented AI To Target Corporate Sector

Named Claude 3, this technology is part of a suite of AI models that Anthropic claims surpass those offered by industry rivals such as Microsoft-backed OpenAI and Google

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High AI Awareness, Adoption In India: BCG Report

The findings indicate that over 90 per cent of consumers in India and UAE are familiar with AI technologies like ChatGPT, while awareness in China and Saudi Arabia exceeds 80 per cent

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Generative AI To Boost Bank Revenues By 6% In Next 3 Years: Accenture Report

The report revealed that banks can enhance employee productivity by up to 30 per cent by implementing AI technologies to streamline numerous language-related tasks

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Nearly Half Of IT Leaders Feel Prepared For AI, But Gaps Remain In Strategy: Report

Despite the growing investments in AI, with nearly all IT leaders planning to increase spending in the next year, a troubling lack of alignment and understanding could impede successful AI outcomes

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Samsung’s Q1 Profits Grow 10x, AI Demand Expected To Drive Continued Growth

The increase in profits is largely attributed to a sharp rise in demand for artificial intelligence (AI) applications, which has nearly doubled the sales of the company's memory chips from the previous year

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AI-driven Growth Fuels Microsoft, Alphabet’s Q1 Earnings

The growth in tech shares helped alleviate investor concerns that had been sparked by a weaker forecast from Meta Platforms earlier in the week

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